941 S Gramercy Place, Los Angeles, CA 90019

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Property Description

Income Investment property for sale in Prime Korea Town area. Thiis building has 12 well maintained multifamily units and are located close to restaurants, shopping centers, markets, and schools Koreatown submarket area. Originally built in 1964, the three-story apartments building with the parking lot on the first level consists of twelve (12) large 0ne-bedroom and one-bathroom units and one parking assigned for each unit. Most units are upgraded with new laminate wood floors. kitchen area. There are 14 parking spaces and a bonus room on the ground floor which can be used for storage, office, etc. For additional reference this investment is situated just South of 8th Street and West of Western Avenue near to Olympic Blvd. This location provides tenants easy access to surrounding areas including Larchmont Village, Country Club Park, Miracle Mile, Hollywood, Downtown, Chinatown. In addition of this, the property is conveniently located near the 110, 101, and 10 Freeways. Property to be sold in "As-Is" condition, no termite or work repairs to be done by Sellers. Buyer responsible in verifying all property details. Sellers are very motivated to make a deal, please do not disturbed tenants and subject to interior inspection upon an acceptance offer.


Interior Features

Laundry Information
Location(s) Common Area, Inside
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 941 S Gramercy Place
City Los Angeles
State CA
Zip 90019
County Los Angeles
Listing Agent ALFREDO GUERRA DRE #01712344
Courtesy Of GEORGE MICHAEL REALTY
List Price $3,200,000
Status Active
Type Residential Income
Subtype Mixed Use
Structure Size N/A
Lot Size 6,870
Year Built 1964

Listing information courtesy of: ALFREDO GUERRA, GEORGE MICHAEL REALTY. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 13th, 2024 at 7:28 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.